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Techno InnovationCompany incurred the following costs for the months of January and February: Type of Cost January February Insurance $ 5,000 $ 5,000 Utilities 4,000
Techno InnovationCompany incurred the following costs for the months of January and February:
| Type of Cost | January | February |
| Insurance | $ 5,000 | $ 5,000 |
| Utilities | 4,000 | 5,000 |
| Depreciation | 3,500 | 3,500 |
| Materials | 10,000 | 20,000 |
If output was 5,000 units in January and 10,000 units in February, it can be assumed that:
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